$14,750,000
NEW CONSTRUCTION

Estimated payment $87,197/month

Total Views 12,324
4 Beds
5 Baths
4,001 Sq Ft
$3,687 Price per Sq Ft

Highlights

  • New Construction
  • Outdoor Pool
  • Lanai
  • Palm Beach Public School Rated A-
  • Waterfront
  • No HOA

About This Home

Welcome to casual elegance at its finest on the North End of Palm Beach! This brand-new, custom-built masterpiece designed by Roger Janssen and interior decorated by Decorators Unlimited. This fully furnished home boasts high-end finishes and exquisite attention to detail throughout. Featuring high ceilings, designer lighting, and impeccable craftsmanship. The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating the perfect space for entertaining guests or enjoying quiet family evenings.
The gourmet kitchen features Wolf and Sub Zero appliances, custom cabinetry, and a large center island with quartz countertops. Whether you're preparing a casual breakfast or hosting a lavish dinner party, this kitchen is sure to impress. Retreat to the luxurious master suite, where you'll find a spacious bedroom, a spa-like ensuite bathroom, and a private balcony overlooking lush tropical landscaping. Additional bedrooms offer ample space for guests or family members, each appointed with their own en-suite bathrooms for ultimate comfort and convenience. Outside, the meticulously landscaped grounds provide a serene oasis for relaxation and enjoyment. Lounge by the sparkling pool, dine al fresco on the expansive patio, or take a short stroll to one of the best beaches on the Island. Residents of Monterey have access to a beautiful beach parcel for a nominal fee. Expected completion date of May 2024.

Listing Agent

Michael Costello

Compass Florida, LLC License #SL-3336872 Listed on: 04/17/2024

Compass Florida, LLC

Co-Listing Agent

Chris Deitz

Compass Florida, LLC License #631706

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,780

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 9,148 Sq Ft Lot
  • Waterfront
  • North Facing Home
  • Property is zoned R-B - Low Density Residential

Parking

  • Garage

Home Design

  • Tile Roof
  • Fiber Cement Roof

Interior Spaces

  • 4,001 Sq Ft Home
  • Living Room
  • Dining Area
  • Impact Glass

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Patio
  • Lanai

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • Gregory Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434303130000062

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,780

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Lot Size: 90
  • Subdivision Name: Gregory Addition
  • Directions: North on North Lake Way to Monterey.
  • Architectural Style: Other Style
  • Garage Yn: Yes
  • Year Built: 2024
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 52780.48
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 4001.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 90
  • Roof:Cement Tile: Yes
  • General Property Description:Lot SqFt: 9148
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Windows:Impact Glass: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave, Washer, Dryer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Other Flooring
  • Interior Amenities: Other (See Remarks)
  • Living Area: 4001.0
  • Window Features: Impact Glass
  • Interior Features:Other (See Remarks)3: Yes
  • Appliances Dishwasher: Yes
  • Other Rooms:Dining Area: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF, Other (See Remarks)
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: New Construction
  • Exterior Features: Patio/Lanai
  • Roof: Cement Tile
  • Exterior Features:PatioLanai: Yes
  • Construction:New Construction: Yes

Garage/Parking

  • Parking Features: 2 Car

Utilities

  • Security: Other Security
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: City Water

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 9148.0
  • Parcel #: 50434303130000062
  • Zoning: R-B - Low Density Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 52780.48
  • Tax Year: 2022

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $69,256 $4,313,925 -- --
2023 $59,556 $3,921,750 $3,921,750 $0
2022 $52,780 $3,344,036 $0 $0
2021 $34,249 $2,089,058 $1,971,000 $118,058
2020 $31,255 $1,833,617 $1,831,500 $2,117
2019 $29,152 $1,670,413 $1,665,000 $5,413
2018 $28,234 $1,669,761 $1,665,000 $4,761
2017 $8,526 $491,960 $0 $0
2016 $7,863 $481,841 $0 $0
2015 $8,122 $478,492 $0 $0
2014 $8,162 $474,694 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 Price Changed $14,750,000 -3.3% $3,687 / Sq Ft
01/06/2025 01/06/25 Price Changed $15,250,000 -2.8% $3,812 / Sq Ft
04/17/2024 04/17/24 For Sale $15,695,000 +796.9% $3,923 / Sq Ft
06/28/2018 06/28/18 Sold $1,750,000 0.0% $919 / Sq Ft
06/28/2018 06/28/18 Sold $1,750,000 -20.1% $919 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
05/29/2018 05/29/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $2,190,000 +25.1% $1,150 / Sq Ft
12/01/2017 12/01/17 For Sale $1,750,000 -- $919 / Sq Ft
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $6,500,000 East Coast Title Group
Warranty Deed $3,375,000 East Coast Title Group Inc
Personal Reps Deed $1,750,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,350,000 New Conventional
Open $7,850,000 New Conventional
Previous Owner $336,000 New Conventional
Source: Public Records

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Source: Palm Beach Board of REALTORS®

MLS Number: 24-678

APN: 50-43-43-03-13-000-0062